Archives February 2025

Kolkata Emerges as the Next Big Destination for Premium Office Investments

Keventer One

Kolkata’s commercial real estate market is experiencing an unprecedented boom, drawing significant interest from investors and businesses alike. According to a recent report by CBRE South Asia, office space demand in Kolkata reached a robust 1.3 million square feet in 2024, reflecting a slight but consistent increase from 1.2 million square feet in 2023. This growth comes at a time when major cities like Delhi-NCR, Chennai, and Pune have reported declining demand for office spaces.

The surge in Kolkata’s office leasing activity has been primarily driven by the IT sector, which accounted for a significant 52% of the city’s total absorption in the October-December 2024 period. The technology sector led with a 35% share of the demand, followed by the automobile industry and the research, consulting, and analytics sectors.

As businesses seek Grade-A office spaces with modern amenities, wellness features, and ESG compliance, Kolkata is becoming a preferred destination for companies and investors alike.

“The stability and growth of Kolkata’s commercial real estate sector are commendable,” said Sushil Mohta, President of CREDAI West Bengal and Chairman of Merlin Group. “The demand for Grade-A office spaces is increasing steadily, driven by companies’ need for efficient, modern workplaces. With ongoing infrastructure development and a rising interest from large domestic players, the future of Kolkata’s commercial real estate looks very promising.”

CBRE’s report highlights that gross leasing volume, a key indicator of market activity that includes fresh take-ups, open market renewals, and pre-leasing, has remained stable at 1.7 million square feet for two consecutive years in Kolkata. This stability reflects the city’s growing appeal as a commercial hub.

Suparna Mucadum, Head of Marketing and Brand Custodian, Keventer Group, added, “The IT sector’s robust expansion and the government’s continued focus on infrastructure development are transforming Kolkata into a prime hotspot for business investments. Our project, Keventer One, is a testament to this trend, offering unparalleled features to meet the demands of modern businesses. The consistent leasing volumes in the city underscore the sustained and growing interest in Kolkata’s commercial real estate market.”

Major real estate developers like the Merlin Group, Ambuja Neotia Group, and others are capitalizing on this momentum by launching cutting-edge commercial projects. The city’s focus on infrastructure development, such as road expansions, metro connectivity, and the advent of smart city initiatives, has further strengthened its appeal.

“The market will only grow stronger as companies prioritize ESG-compliant, future-ready workplaces,” added a representative of the Ambuja Neotia Group.

Driving AIoT Innovation: How Hikvision’s ‘See Smarter’ Technologies Lead the Way

The combination of artificial intelligence (AI) and the Internet of Things (IoT) opens new possibilities for solving real-world problems. At Hikvision, we refer to this combination as the AI-powered Internet of Things (AIoT). Hikvision has expanded our focus from visible-light perception to more perception dimensions. Hikvision has also integrated AI analytics into various products and solutions. Systematically, we have built a comprehensive AIoT technology system and product portfolio.

Hikvision’s ‘See Smarter’ technology leverages advanced AI and deep learning algorithms to enhance physical security and provide deep insights. Here’s how it works:
Object Detection and Classification: The technology automates the detection and classification of objects, improving response times and reducing costs.
Motion Analysis: It analyzes motion to provide more accurate and timely information.
Perimeter Protection: Using a large-scale AI model, it offers classified object detection algorithms to enhance perimeter security2
Self-learning Analytics: The system continuously learns and optimizes its algorithms to improve accuracy.
AcuSense Technology: This distinguishes between humans and vehicles to trigger accurate alarms.
Automatic Number Plate Recognition (ANPR): This technology revolutionizes vehicle management by recognizing license plates.
Facial Recognition: It identifies individuals from a preconfigured list, enhancing security in restricted areas.
These features collectively enable Hikvision’s technology to provide deep insights and improve overall security.
‘See Smarter’ Technology
AI analytics refers to a subset of artificial intelligence that uses machine learning to gain insights, find patterns, and discover relationships in the data. In practice, it is the process of automating the analysis that a human would typically perform.
In the field of physical security, Hikvision’s ‘See Smarter’ technology uses powerful deep learning algorithms to automate the detection, classification, and further examination of objects and their motions in both the camera’s view and back-end devices. It reduces costs, speeds up responses, and facilitates new practices and processes.
Key Offerings of ‘See Smarter’ technology
Perimeter protection with a large-scale AI model: Advancing perimeter security by offering classified object detection algorithms optimized using a large-scale AI model.
Self-learning analytics: It is fully automated learning by Hikvision algorithms, embedding an inference engine in the back-end device to automatically optimize algorithm accuracy in fixed cycles.
AcuSense: Distinguishing persons and vehicles from other moving objects so as to trigger accurate trespass alarms at perimeters.
ANPR: Automatic Number Plate Recognition (ANPR), also known as License Plate Recognition (LPR), is a technology that has revolutionized vehicle management.
Switchable AI analytics: With multiple deep learning algorithms in one camera, up to two algorithms can be enabled or scheduled to work at a time.
PPE detection: Detection of persons without personal protective equipment (PPE) and triggering instant alarms in critical workplaces such as construction sites and factories.
People counting: Providing insightful customer flow data in real time to maintain a friendly business environment for a better customer experience.
Facial recognition: Recognition of stored faces from a preconfigured list of persons – for example, employees authorized to enter a restricted area.
Hikvision’s ‘See Smarter’ technology offers several key advantages and benefits:
Enhanced Security: The technology automates object detection, classification, and motion analysis, improving response times and reducing costs.
Perimeter Protection: It uses a large-scale AI model to offer classified object detection algorithms, enhancing perimeter security.
Self-learning Analytics: The system continuously learns and optimizes its algorithms to improve accuracy.
AcuSense Technology: This distinguishes between humans and vehicles to trigger accurate alarms.
Automatic Number Plate Recognition (ANPR): This technology revolutionizes vehicle management by recognizing license plates.
Facial Recognition: It identifies individuals from a preconfigured list, enhancing security in restricted areas.
Cost Efficiency: By automating various security processes, the technology reduces the need for manual intervention, leading to cost savings.
Thus, features collectively enable Hikvision’s ‘See Smarter’ technology to deliver better outcomes.

This Valentine’s Day, Give the Gift of Lifetime Protection with Future Generali Lifetime Partner Plan

Trust, commitment, and shared aspirations work in perfect synergy to achieve a strong partnership. It is imperative to go beyond traditional gifts and celebrate love with something truly meaningful a secure future. This valentine’s day, Future Generali India Life Insurance presents the FG Lifetime Partner Plan, a carefully designed savings-plus-life insurance solution that offers lifelong protection and a guaranteed increasing income (with the help of Cash bonuses, if declared) up to the age of 100.

Future Generali Lifetime Partner Plan is an Individual, Non-linked, Participating (with-profits), Savings, Life Insurance Plan that offers guaranteed payouts to support future financial needs while also providing the opportunity to earn bonuses and ensuring uninterrupted protection. Just like love, financial security should grow with time, and this plan ensures that your income keeps increasing, helping you meet evolving life goals, from your child’s education to a comfortable retirement. It is structured to help the partners plan for both regular expenses and long-term security, offering peace of mind that their family will remain financially stable even in their absence.

One of the key features of this plan is the Guaranteed Increasing Income, ensuring that the policyholder’s income grows over time to align with changing financial goals. The plan offers flexibility with two options: Immediate Income, which provides Guaranteed Income along with a Cash Bonus (if declared) starting from the first policy year with potential cash bonuses, and Deferred Income, where the guaranteed income begins three years after the premium payment term, providing higher payouts in the later years.

Furthermore, Future Generali Lifetime Partner Plan includes Whole-Life Coverage, offering financial security for up to 100 years. This guarantees that loved ones remain financially stable, regardless of what lies ahead. The plan includes Flexible Payout Options, enabling the policyholder to receive income at preferred frequency whether monthly, quarterly, half-yearly, or annually providing full control over their financial planning.

The plan is open to individuals between 1 to 55 years and 1 to 60 years (for Deferred Income). The maturity age is 100 years, with premium payment terms of 6, 8, 10, or 12 years. The minimum sum assured is ₹1,00,000, with no upper limit, subject to underwriting guidelines.

This Valentine’s Day, show your love in the most meaningful way by securing a future filled with financial confidence and stability for your loved ones. The Future Generali Lifetime Partner Plan is designed to provide increasing income, lifelong protection, and peace of mind, making it the perfect financial partner for your journey together. Because true love lasts a lifetime. So should your financial security.

Samarth Strengthens Senior Healthcare Model with Leading Medical Experts

Samarth,

India, Gurugram, February 14, 2025: Samarth, India’s leading eldercare organization, is enhancing its senior-focused healthcare model with the addition of a highly qualified team of medical specialists. The Samarth Clinics for Healthy Ageing continue to refine their preventive, personalized, and accessible approach to senior care, ensuring better health outcomes for India’s growing elderly population.

Renowned Specialists Now Part of Samarth Clinics
With chronic illnesses on the rise, integrated and expert-driven healthcare is critical for seniors. The newly onboarded team at Samarth Clinics brings multi-disciplinary expertise, ensuring a comprehensive, evidence-based approach to minimize hospital visits and improve long-term well-being.

In addition to Dr. Kartik Mittal, Geriatrics (AIIMS), Dr. Saumya Agarwal, Internal Medicine (UK), and Dr. Anup Bagchi, Senior Physicians, the Clinics now have an eminent panel of superspecialists from leading institutions like AIIMS. These include:

  • Dr. Hemant Madan – Cardiology
  • Dr. Rajesh K. Verma – Orthopedics
  • Dr. Sameer Arora – Neurology
  • Dr. Shiba K. Biswal – Pulmonology
  • Dr. Indu Bansal – Oncology
  • Dr. Meenu Saluja – Dermatology
  • Dr. Dharam Pandey – Physiotherapy

The Samarth Clinic Advisory Board, comprising nationally and internationally recognized leaders in geriatrics, internal medicine, and oncology, provides strategic guidance to uphold clinical excellence. With decades of experience in top institutions like AIIMS, Medanta, and global healthcare organizations, the board ensures that Samarth Clinics continues to set the gold standard for eldercare in India.

Asheesh Gupta, Founder & CEO of Samarth Elder Care, emphasized the importance of preventive care over hospitalization, stating, “The real solution for elder healthcare is not in hospitals but in keeping seniors healthy and out of hospitals. Over nine years and across 350+ cities, we have learned that seniors seek trust, accessibility, and compassionate doctors who truly listen. Samarth Clinics are built on this foundation, integrating our experience with the latest research to redefine senior healthcare.”

Samarth Clinics offers a comprehensive range of services, including diabetes and hypertension management, pulmonary care, physiotherapy, adult vaccinations, home visits, and specialized memory care programs for older adults. The clinics also feature Comprehensive Assessments of Healthy Ageing (CAHA) and Biological Age Analysis, ensuring a preventive and holistic approach to senior healthcare.

Dr. A.B. Dey, Former Professor and Head of the Department of Geriatric Medicine at All India Institute of Medical Sciences, New Delhi, and Founder President of the Indian Academy of Geriatrics, is among the medical leaders who form the Clinical Board for Samarth Clinics. Emphasizing the need for accessible senior healthcare, he states, “Samarth Clinic is an innovative and much-needed concept for the senior population. With nearly 87-90% of older adults facing health issues every month, having a trustworthy clinic within the community will be a significant benefit. The 24/7 availability of care will not only enhance confidence among seniors but also improve their overall quality of life.”

Highlighting the importance of compassionate healthcare, Dr. Saumya Agarwal, MBBS, MD (United Kingdom), Internal Medicine said, “At Samarth Clinic for Healthy Ageing, we understand aging changes how the body responds to illness. Gentle care, timely treatment, and a compassionate approach make all the difference”.

With India’s senior population projected to exceed 200 million by 2050 and healthcare costs rising, Samarth’s model prioritizes preventive care, early diagnosis, and coordinated support, ensuring that seniors receive the right care at the right time.

VECV inaugurates manufacturing facility and starts deliveries of Eicher Pro X range

New Delhi, February 14, 2025 –VE Commercial Vehicles Ltd. (VECV), a joint venture between Volvo Group and Eicher Motors, inaugurated a dedicated manufacturing facility and delivered the first batch of Eicher Pro X trucks to leading Indian logistics providers who gathered at Bhopal. This follows the successful launch of the Eicher Pro X small truck at Bharat Mobility Global Expo 2025.

The all-new facility, located within VECV’s Industry 4.0 complaint Bhopal factory, was inaugurated by Martin Lundstedt, President and CEO, Volvo Group, and Siddhartha Lal, Chairman, Eicher Motors Ltd and Board Member, VECV.

Vehicles rolling off the all-women final assembly line at this brand-new facility were delivered to leading players in the rapidly transforming Indian logistics industry.

Commenting on the occasion, Martin Lundstedt, President & CEO, of Volvo Group, said, “Each time I visit India, I am truly amazed by the rapid pace of development, including the transformation towards sustainable and modern logistics and public transport. It is an honor to inaugurate this state-of-the-art facility and deliver the first batch of Eicher Pro X trucks to customers who are redefining logistics in India.”

Joining him, Siddhartha Lal, Chairman, Eicher Motors Ltd and Board Member VECV, emphasized Eicher’s legacy of leadership, and added, “The electric first launch of the Eicher Pro X is a testament to Eicher Trucks and Buses legacy of consistently delivering relevant modernization to the Indian CV industry. I am very proud of Team VECV for executing a truly customer-centered approach while developing the Eicher Pro X product and services ecosystem. With our steady progress in Heavy Duty trucks and market leadership in Light and Medium Duty Trucks, VECV is well positioned to contribute to India’s rapidly modernizing logistics sector.”

Sofia Frändberg, Chairperson VECV and Senior Leader, Volvo Group, emphasized the internationally benchmarked capabilities at VECV, “The Eicher Pro X, developed and commercialized in record time, is a testament to the industry-leading capabilities at VECV. Innovation in the Eicher Pro X does not stop at the product. I am proud to note that it is also built on an all-women assembly line, showcasing innovative approaches that enhance inclusiveness on the manufacturing shop floor.”

Echoing the sentiment of all VECV employees, Vinod Aggarwal, MD & CEO of VECV, said, “The inauguration of Eicher’s small commercial vehicle line and deliveries to our first customers is the fulfillment of our long-standing vision. We are grateful to customers taking delivery today, who were also our partners in the journey to develop this all-new Eicher Pro X. We are confident that the combined expertise built into the Eicher Pro X will cater to the stringent requirements of modern last-mile logistics operations in a sustainable and driver-friendly manner.”

Eicher Trucks and Buses remains committed to empowering businesses across India with innovative mobility solutions, and the Eicher Pro X is yet another step toward fulfilling that promise. This first batch of Eicher Pro X vehicles delivered today will join operations across India

Godrej Yummiez 2024 Report: 21% of Pune Residents Opt for Frozen Snacks on Valentine’s Day

National, 14th Feb 2025: Food has a unique power to connect people, and as the culinary owned media property of Godrej Industries Group, Vikhroli Cucina recognizes how much it plays a role in shaping unforgettable memories. As the saying goes, “The way to the heart is through the plate.” And with Godrej Foods holding a large share of the kitchen, from Godrej Yummiez to other convenient, high-quality food products, it was only natural to bring something extra special to the community during this season of love.

With Valentine’s Day just around the corner, Vikhroli Cucina aimed to offer its audience a chance to experience the essence of love, connection, and convenience—all at once. While the brands in the Godrej ecosystem specializes in ready-to-cook products that make it easy for anyone to create gourmet meals, this time, the initiative went a step further. Through “The Perfect Pairing” campaign, Vikhroli Cucina sought to eliminate every possible step and provide loyalists with an experience that’s truly seamless—where they don’t have to worry about a thing, not even cooking, plating, or the ambiance.

Participants were invited to share their love story in the form of a dish pairing. One lucky couple was selected to receive a bespoke, chef-curated dining experience right in the comfort of their home. In partnership with Book My Chef, a renowned chef-for-hire service, the campaign ensures that every detail of the evening—everything from the ambiance to the meal—will be thoughtfully taken care of, featuring the Godrej Foods product range.

Food is undeniably at the heart of many cherished moments, especially during romantic occasions, but dining out on Valentine’s Day often comes with the stress of crowded restaurants, overbooked reservations, and the challenge of securing a place to dine. According to the STTEM 2.0 India’s Frozen Snacking Report by Godrej Yummiez, 1 in 5 Indians (20%) enjoy frozen snacks during romantic moments or dates. The trend is particularly strong among the 36-40 age group, with 27% choosing frozen snacks for such occasions. This highlights how convenient and indulgent food remains a popular choice across generations.

Speaking about the campaign, Anushree Dewen, Head of Marketing and Innovation at Godrej Foods Ltd, said, “At Godrej Foods, we believe that every meal should be an experience – one that turns ordinary moments into something truly special. With Godrej Yummiez, we bring the magic of restaurant-style dining straight to your home, making celebrations even more unforgettable. This Valentine’s Day, our “Perfect Pairing” campaign takes this vision a step further, offering a chef-curated experience designed to recreate the joy of fine dining right at your own table. Because great food isn’t just about taste – it’s about the moments you share.”

Pramod Jayavarapu, CEO of BookMyChef, added: “At BookMyChef, our mission is to transform ordinary meals into extraordinary experiences. We are excited to soon bring this special experience to life for Amisha Ranka & Mohnish Semlani, offering them not just a meal, but a moment of celebration and connection they will cherish forever. Working alongside Vikhroli Cucina, we are ensuring every detail is thoughtfully curated, and we look forward to creating an unforgettable Valentine’s Day for them.”

By blending love, food, and intimate experiences, ‘The Perfect Pairing’ campaign proved that the most cherished Valentine’s Day memories don’t always require a restaurant—sometimes, they are made right at home, with the perfect meal, the right company, and a touch of love.

Mia by Tanishq Partners with Swiggy Instamart to deliver stunning silver jewellery in 10 Minutes

Swiggy Mailer

Chandigarh, February 14, 2025: Mia by Tanishq, one of India’s trendiest precious fine jewellery brands, announces its collaboration with Swiggy Instamart, marking its entry into the burgeoning quick commerce space. Starting this week, Mia’s exquisite silver jewellery collection will be available on Swiggy Instamart in more than 35 cities, including Gurgaon, Delhi, Kolkata, Pune, Bengaluru, Chennai, Mumbai, and Hyderabad. The operations will be offering customers the convenience of doorstep delivery of silver jewellery in under 10 minutes.

This partnership leverages Swiggy Instamart’s position as a market leader in quick commerce, known for its exceptional communication and operational excellence, to enhance the e-commerce experience for consumers. The collaboration aligns with Mia Tanishq’s strategy to expand its omni-channel presence, reaching new customers through diverse sales channels. As part of this partnership, Mia will introduce a range of stunning silver jewellery catering to the growing demand for precious jewellery in the quick commerce market. Whether it’s a special occasion or a thoughtful gift, Mia’s silver jewellery promises to bring a touch of elegance and good fortune, delivered swiftly and seamlessly.

Sampurna Rakshit, Marketing & E-commerce Head – Mia by Tanishq, shared her thoughts on the collaboration: “This is an effort at our end to prioritise our consumer’s convenience and be present wherever the users are. Owing to Mia’s exquisite design language coupled with our affordable pricing, we have always been India’s favourite gift of choice. As quick commerce transforms the way India shops, consumers are also looking for stylish jewellery gifting options from trusted brands. So we are thrilled to partner with Swiggy Instamart, who can get many more consumers to access and experience our brand at their fingertips.”

This strategic collaboration highlights the growing trend in the Indian retail landscape, where quick commerce platforms are emerging as key touchpoints for consumers prioritizing convenience. It ensures that customers are well-informed about Mia’s beautiful collections and the ease with which they can access these offerings through Swiggy Instamart.

TVS Motor & Gujarat Tourism Celebrate Rann Utsav with Biking & Culture

TVSM x Rann of Kutch

Chandigarh, February 14, 2025: TVS Motor Company (TVSM) – a leading global automaker that operates in the two and three-wheeler segment – has partnered with Gujarat Tourism to bring an unparalleled motorcycling experience to the ongoing Rann Utsav. As part of this collaboration, the company unveiled two exclusive ‘Rann Utsav’ edition custom motorcycles based on the TVS Ronin.

Recognized as a key driver of India’s tourism-led economic growth, the festival plays a pivotal role in shaping Viksit Gujarat for Viksit Bharat, aligning with the Prime Minister’s vision of Viksit Bharat @2047. By merging tradition with modernity, Rann Utsav has evolved into a platform that showcases India’s artistic heritage and contributes to sustainable development through cultural tourism.

Speaking about the partnership, Vimal Sumbly, Head Business – Premium, TVS Motor Company, said: “At TVS Motor Company, we have always believed in blending lifestyle, adventure, and culture with our motorcycles. The Rann Utsav was the perfect backdrop to showcase the unique synergy between motorcycling and India’s rich artistic heritage. The ‘Rann Utsav’ edition of TVS Ronin motorcycles is a tribute to Gujarat’s vibrant traditions, seamlessly integrating the regional artistry into their design. This collaboration was a step towards celebrating the essence of riding with a cultural spirit and is our commitment towards the Prime Minister’s vision of prioritizing India’s tourism sector.”

Adding to this, Rajender Kumar, Secretary of the Tourism, Devasthanam Management, Civil Aviation & Pilgrimage Departments, Sachivalaya, Gandhinagar, remarked, “Rann Utsav has grown into one of India’s most iconic cultural celebrations, drawing millions of visitors and showcasing Gujarat’s rich heritage and unique landscape of white Rann on the global stage. In line with the Prime Minister’s vision of Viksit Bharat @2047, the festival plays a crucial role in driving cultural tourism and shaping Gujarat’s development. This collaboration with TVS Motor Company is a testament to how tradition and modern craftsmanship can come together to create something extraordinary, further strengthening Gujarat’s position as a premier tourism destination.”

Rann Utsav: A Celebration of Culture and Tradition

Rann Utsav, an annual cultural extravaganza organized by Gujarat Tourism, is one of India’s most sought-after tourism events. Held in the breathtaking Rann of Kutch, the festival showcases the vibrant traditions, folk music, dance, and craftsmanship of the region. What started as an initiative to boost tourism in 2005 for just three days, has now become a global attraction, drawing visitors from across the world to witness the magic of the White Desert under a moonlit sky.

Experiential Highlights at Rann Utsav

As part of this collaboration, TVS Motor Company also curated unique engagement activities to enhance the experience for hundreds of its TVS Ronin and TVS Apache customers, along with other motorcycling enthusiasts:

  •  The TVS Adventure Zone – At the heart of Tent City, visitors explored thrilling adventure activities and marveled at a specially designed TVS Ronin Bike Installation, symbolizing the fusion of motorcycling and culture.
  •  Sunset Expedition – Riders embarked on an exclusive journey to Sunset Point, capturing the breathtaking views of the White Rann while visiting other key local attractions.
  •  Celestial Sojourn – A mesmerizing star-gazing experience under the vast expanse of the Rann sky, offering participants a moment of tranquility and connection with nature.
  •  The Road to Heaven Ride – An unforgettable morning ride through the scenic ‘Road to Heaven,’ a picturesque stretch that cuts through the heart of the Rann of Kutch.
  •  Cultural Immersion – Guests indulged in Gujarat’s rich heritage through traditional art showcases, folk music performances, and an authentic culinary experience, bringing the spirit of Rann Utsav to life.

Godrej Enterprises Showcases Smart, Sustainable MHE Innovations at LogiMAT India 2025

Godrej Enterprises

Chandigarh, 14th February 2025: The Material Handling Equipment business of Godrej & Boyce, part of the Godrej Enterprises Group (GEG), showcased its latest innovations and advanced technologies at LogiMAT India 2025 scheduled from February 13 to 15 in Mumbai. As one of India’s most anticipated trade fairs for intralogistics and process management, LogiMAT India will provide the perfect platform to highlight the business’s leadership in the material handling sector, where it commands a market share of over 20 percent.

Driving the ‘Make in India’ initiative, the business continues to develop innovative, indigenous solutions that contribute significantly to the nation’s industrial growth. With a strong market presence across India, Godrej Enterprises Group plays a crucial role in modernizing warehousing and manufacturing operations. Its range of technologically advanced solutions and material handling equipment is designed to meet the evolving demands of growing industries in India.

Among the highlights of the Material Handling Equipment business at the expo will be India’s first indigenously manufactured lithium-ion battery-powered forklift, featuring a proprietary Battery Management System (BMS), showcasing its commitment to sustainable solutions. The company will also unveil a vehicle monitoring system offering real-time performance insights capable of generating preventive maintenance alerts which will be further enhanced to predictive maintenance capabilities, pushing the boundaries of smart intralogistics solutions. The expo will also feature the Very Narrow Aisle (VNA) articulated forklift, which is capable of operating at heights of up to 12.5 meters in aisles as narrow as 2 meters, resulting in an increase of 6X pallet locations in the same space, making it one of the most space-efficient solutions in the market. Reach truck: Godrej is the only Indian manufacturer who has designed this product to provide operator comfort, safety features, and maximum productivity with higher-capacity batteries. This is increasingly finding its application in factory-led warehouses. Godrej is also showcasing an indigenously developed 3-wheel counterbalance forklift which provides the benefit of a forklift in terms of performance and space optimization of warehouse equipment. This workhorse comes with industry-first wet disc brakes and increases operator comfort and safety atthe workplace.

Anil Lingayat, Executive Vice President and Business Head – Material Handling Equipment, Godrej Enterprises Group, said, “Sustainability remains at the heart of our strategy, as we focus on energy-efficient solutions, eco-friendly designs, and reducing carbon footprints across our product range. As the market leader in India’s intralogistics, we are committed to delivering innovative solutions that give our customers a competitive edge. We aim to help businesses optimize their internal material flow, enabling them to focus on their core operations. Our diverse portfolio includes forklift and warehouse equipment to serve harsh outdoor environments and inside demanding warehouses, which cater to retail, e-comm, 3PL, and an extensive service network within 100Km radius of any industrial and warehouse establishments across India. With advanced and sustainable solutions, we strive to empower businesses with cutting-edge solutions for a greener and more efficient future.”

The business is targeting growing sectors such as retail, e-commerce, q-commerce, pharmaceuticals, FMCG, 3PL, and cold chain logistics, which require advanced and agile material handling solutions to meet their rapidly evolving supply chain demands.

LogiMAT India 2025 promises to be a landmark event for showcasing Godrej Enterprises Group’s capabilities and underscoring its focus on sustainability, and innovation in intralogistics. The Material Handling Equipment business’s stall will be in Hall 4 at stall number B-20. Visitors can expect to witness a wide range of cutting-edge technology and innovative solutions.

NSDC to Launch 50 Future Skill Centres & 10 International Academies

NSDC

Chandigarh, February 14, 2025- The National Skill Development Corporation (NSDC) today announced a significant expansion in its skilling footprint across India with plans to set up 50 new Future Skills Centres and 10 NSDC International Academies to advance skill development and training programs.

During his address at the Annual Press Conference, Shri Ved Mani Tiwari, CEO, of NSDC and MD, of NSDC International, shared his roadmap to skill and upskill the Indian youth for domestic and global job markets. He said, “The number of industry-aligned programs will increase beyond 300, covering 12 major emerging technologies. The goal is to train over 2 lakh candidates and establish over 2.70 lakh square feet of training infrastructure, further strengthening employability and workforce readiness.”

The industry-aligned programs aim to bridge the gap between theoretical knowledge and practical skills by aligning education with emerging technologies and industry needs. So far, 33 global corporations have partnered, and 21 Future Skills Centres have been established in Higher Education Institutions (HEIs). Over 200 industry-aligned programs have been assessed and certified by corporations, covering 9 major emerging technologies. More than 27,000 candidates have been trained, with over 1.20 lakh square feet of training space developed.

NSDC aims to make quality education accessible to students from tier 2 and 3 colleges by addressing challenges in emerging technologies through collaborations with Institutes of National Importance. So far, 11 premium institutions have partnered to launch 17 micro-credential programs, awarding more than 75,000 credits and training over 5,000 candidates.

Looking forward, NSDC plans to collaborate with 15 premium institutions, introduce over 30 micro-credential programs, and award around 1,80,000 credits, further enhancing access to quality education and skill development. Students will receive specialized training in emerging technologies across key industry verticals such as aerospace, automotive, mining, and infrastructure. The OEMs’ tools and curriculum will be integrated into structured guided pathways, supporting different proficiency levels and leading to job opportunities across various domains.

As part of the Job-as-Skills model, Mr.Tiwari said, “There are plans to onboard 1 million students, establish MoUs with leading OEMs, bring in training partners, select industry-specific tools, design career progression pathways, implement joint certification with NSDC and OEMs, and introduce new industry verticals in a phased manner.”

Talking about international mobility, Mr. Tiwari said that the institution is working towards setting up new international language labs and assessment centers, offering training in Russian, Italian, Korean, and French to equip candidates with multilingual capabilities, enhancing their global employability. Outlining a strategic roadmap for the future, focusing on expanding global employment opportunities and skill development initiatives, he said, “Israel has requested 5000 healthcare workers.”

Additionally, NSDC International is extending its advisory services across the Gulf Cooperation Council (GCC) countries and Africa, ensuring that workforce development programs are effectively implemented in these regions. Germany and Japan have also shown a consistent demand for healthcare workers, reinforcing the need for continuous training and deployment to meet their workforce requirements.

Since its establishment in October 2021, NSDC International has made a significant impact on workforce development and global employment. It has successfully aggregated 88,924 overseas jobs across 22 countries, providing employment opportunities for skilled professionals in various sectors. Additionally, over 64000 candidates have been deployed across multiple countries, including the Gulf Cooperation Council (GCC) nations, Japan, and the United Kingdom, through the NSDC International ecosystem. The organization has facilitated training and job placements across 19 industries, focusing on key sectors such as construction, Mechanical, Electrical & Plumbing (MEP), and facility management. A total of 13,631 trainees have undergone training in NSDC International Centres across India, further strengthening the country’s skilled workforce.

Talking about creating digital infrastructure, Mr. Tiwari highlighted that youth living in remote areas of the country are skilling and upskilling themselves through the Skill India Digital Hub (SIDH). SIDH has made a significant impact, reaching 1.30 crore candidates, including 92 lakh short-term trained candidates, 86 lakh certified candidates, and 13 lakh apprentices. The platform supports more than 7,100 courses in 23 Indian languages, with over 10 lakh active users and around 42,000 skilling and training centers, reinforcing its role in convergence, integration, skilling ecosystem development, partnerships, recognition, and measurable outcomes.

The platform collaborates with 57 digital learning partners, offering 1,245 courses.

He also talked about NSDC JobX which is an advanced job platform that connects job seekers and employers by simplifying hiring and offering premium services like resume building, career coaching, and job alerts.

Talking about NSDC Trust that was established to provide a digital platform with digitally verifiable credentials, he said, “The platform ensures security, privacy, and global verifiability, offering services like Aadhaar, PAN, passport verification, driving license authentication, voter ID, GST, TAN, MCA verification, regulatory compliance checks, global database checks, education and employment verification, DIN, UAN, credit/record checks, and more than 100 additional services.”

While addressing the media about the National Apprenticeship Programme, Mr. Tiwari said that NSDC has significantly contributed to apprenticeship programs from the financial year 2018-19 to 2024-25. Over 3.5 million apprentices have been engaged in various sectors, and 0.56 million assessments have been successfully conducted to ensure skill competency. The network expansion efforts have resulted in the establishment of over 49,000 training centers engaging apprentices, with 170 Training Partner Aggregators (TPAs) being impaneled to facilitate skill training. In terms of financial commitment, a fund disbursement of Rs. 100,250 million has been allocated to support apprenticeship programs. The National Apprenticeship Promotion Scheme (NAPS) has provided grants amounting to Rs. 10.46 billion, while the industry has contributed Rs. 288.93 billion towards apprenticeship initiatives.

Technological advancements have played a pivotal role, with over 0.3 million e-KYC completions and the creation of 2.8 million Aadhaar-based beneficiary IDs, enhancing digital tracking and transparency in skill development programs.

NSDC has also made a substantial impact in terms of socio-economic diversity. A total of 1.58 million apprentices, constituting 45.5% of the total engagement, belong to socio-economic groups, ensuring inclusive growth. Furthermore, 0.71 million women apprentices, accounting for 20.5% of the total, have been engaged in various trades, promoting gender inclusivity.

Talking about skilling through CSR and Industry partnerships, Mr. Tiwari said that NSDC has secured a total financial commitment of INR 2676 million to support its initiatives. The program aims to benefit 192,111 target beneficiaries across various sectors. This initiative includes 147 projects in collaboration with 67 corporate partners, ensuring a widespread impact on skill development and employment generation.

As part of these efforts, a total of 192,111 individuals have undergone training. Out of these, 153,850 candidates have been assessed, and 136,441 have been certified. Moreover, 81,779 individuals have been successfully placed in jobs, demonstrating the effectiveness of these initiatives.

While addressing the gathering, he highlighted NSDC’s key initiatives so far. NSDC has successfully trained over 40.3 million candidates, with 9.4 million securing placements. With a network of over 40,000 skilling centers, the skilling programs have empowered 18.3 million women and supported 12.9 million candidates from socio-economically disadvantaged groups, along with over 250,000 people with special abilities. The reach of these initiatives extends across 36 sector skill councils, covering more than 750 districts and engaging 200,000 employers. Additionally, capacity-building efforts include more than 30,000 million in financing facilities, 72,000 skill teachers, and over 43,000 skill assessors, ensuring a robust and sustainable skill development ecosystem.